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Archive: 16 May 2020

Posts in 16 May 2020

MSME’s Basic Information

May 16, 2020 4329 Views 2 comments Print

Other Site link The conceptual and legal framework for small scale and ancillary industrial undertakings is derived from the Industries Development and Regulation Act, 1951. The Small and Medium Enterprises Development Bill 2005 which was enacted in June 2006 was renamed as “Micro, Small & Medium Enterprises Development Act, 2006” aims at facilitating the promotion […]

FM announces reform Measures for Agriculture, Fisheries & Food Processing Sectors

May 16, 2020 1164 Views 0 comment Print

Finance Minister announces measures to strengthen Agriculture Infrastructure Logistics, Capacity Building, Governance and Administrative Reforms for Agriculture, Fisheries and Food Processing Sectors

Udyog Aadhar Memorandum : MSMEs

May 16, 2020 10224 Views 0 comment Print

This is in continous to my previous article : “MSME’s Basic Information”. Ministry of Micro, Small and Medium Enterprises (MSME) has notified the Udyog Aadhaar Memorandum (UAM) under the MSMED Act, 2006 vide gazette notification [SO No. 2576(E)] dated 18-09-2015 in order to promote ease of doing business for MSMEs. The salient feature of UAM […]

India’s Foreign Trade: April 2020

May 16, 2020 3057 Views 0 comment Print

India’s overall exports (Merchandise and Services combined) in April 2020* are estimated to be USD 27.96 billion, exhibiting a negative growth of (-) 36.65 per cent over the same period last year. Overall imports in April 2020* are estimated to be USD 27.80 billion, exhibiting a negative growth of (-) 47.36 per cent over the same period last year.

How to Prepare for CA final during articleship

May 16, 2020 22548 Views 0 comment Print

Author explains When to start CA Final classes, How many classes should a CA Student take in the beginning, during and at the end of articleship, When to start revision of classes completed, Can CA Student learn anything from office work which is helpful for CA Final exams and A CA Student should take CA […]

37 key highlights of Press Conference of FM held on 16.05.2020

May 16, 2020 1794 Views 0 comment Print

37 key highlights of  Press Conference of Finance Minister Smt. Nirmala Sitharaman held on 16th May 2020- Atmanirbhar Bharat 1. Finance Minister Nirmala Sitharaman begins address Today is the 4th day where after the PM’s address to the nation on building a Atmanirbhar Bharat, we have been announcing in several tranches steps that we will […]

Case Comment: Commissioner of Central Excise v. Uni Products India Ltd (SC)

May 16, 2020 4689 Views 0 comment Print

While taxing manufacturing of goods in the indirect tax regime in India, the rate of duty varies depending on the type of good. Such goods are classified through chapter-headings and tariff item numbers or entries which provide a description of the type explaining its inherent character along with rate of duty. In the erstwhile regime, […]

Aatma Nirbhar Yojana Part-1 MSME Perspective

May 16, 2020 3465 Views 0 comment Print

We all are aware that our honorable Prime Minister has called for ‘AATMA NIRBHAR BHARAT’ which is a big leap of faith taken by him to announce 20 Lac crore Economic Package; which is third largest in the world; which has something for every sector of economy. Our Finance Minister has given details of “AATMA […]

Demystifying Yes Bank Case: An Eye Opener For Promoters?

May 16, 2020 2751 Views 0 comment Print

Background The duty to disclose “encumbrances” arose in 2009 when the Satyam scandal surfaced wherein the promoters had pledged their shares to financial institutions without the knowledge of the remaining shareholders. Thereafter, the norms regarding disclosure of encumbrances were tightened in the interests of investors and other stakeholders involved. SEBI has frequently broadened the definition […]

All About Atma Nirbhar Bharat Part II

May 16, 2020 1884 Views 0 comment Print

ATMA NIRBHAR BHARAT ABHIYAN –  TRANCHE II  PM Modi on 13 May in his speech said the 4 pillars our economy are Land , Liquidity , Labour and Laws. After introducing a slew of measures on Tuesday,12 May 2020 to infuse liquidity into the economy through MSME and Discomms , next in line is Labour […]

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